Firm Registration in Chennai

1. Firm and Company Registration in Chennai www.kanakkupillai.com

2. If you are registering a startup or a new business in India then first and foremost, there are some official procedures a startup or a company has to follow in order to register them in Indian official records, MCA (ministry of Corporate Affairs). These are four major steps: • Acquiring Digital Signature Certificate(DSC) • Acquiring Director Identification Number(DIN) • Filing an eForm or New user registration • Incorporate the company

3. Differences BetweenPrivate andPublicCompanies • Minimum number of Board members required for a private company is two and for a public company is seven. • Private company can have maximum of only 50 members, but a public company can have any number of members. • A private company can start its business as soon as it is incorporated but the public company shouldn’t start its business until it receives business commencement certificate. • Private company shouldn’t sell it’s shares to anyone or shouldn’t make any invitation to people regarding a company shares, but a public company can invite people to buy it’s shares by issuing a prospectus. • Private company may have two directors, but a public company must have at least three directors.

4. Step1: Acquire Director Identification Number(DIN) • Register yourself on MCA Website first and have a login id. After filling DIN-1 Form, one should upload the filled form by clicking to eForm upload button on MCA website and should pay applicable fees. • After getting generated DIN one should intimate their company about DIN. The director can intimate their company about DIN by using DIN-2 Form. • Then company should intimate the Registrar of Corporates(ROC) about all director’s DIN through DIN-3 Form. • If there is any change in DIN or need for any updation like change of address, personal details etc, then director should intimate this change by submitting the eForm DIN-4 Form.

5. Step2: Acquire Digital Signature Certificate(DSC) • In order to ensure the security or authenticity of documents filed electronically the information act 200o demands a valid digital signature on the documents submitted electronically. The digital signature certificate should be acquired by only those agencies which are appointed by the controller of certification agencies (CCA). One should not use DSC given by any other agency which is not approved and it’s illegal to use others DSC as yours or the false one. • But do check for your digital signature validity, agencies issue DSC’s with one or two year validity after expiry you have to renew it.

6. Step 3: Create a account on MCA Portal – New user registration • This is about having a registered user account on MCA Portal for filing a eForm, for online fee payment, for different transactions as registered and business user. Creating an account is totally free of cost. To register yourself on the MCA portal, click on the register link.

7. Step 4: Apply for the company to be registered. • Form-1:Form-1A: Application form for availability or change of a company name. Once you apply for new company name, the MCA will suggest four different form of your company name; you have to choose one among them. To do the same you have you have to fill Form-1A and submit. • Form-1: This is for application or declaration for incorporation of a company, in this form you have to fill the same name which you have chosen during application of form-1A.

8. Form-18: • This form is for notice of the situation of a new company office or change of situation of previously registered office. • For a new company you have to fill the form with genuine office address and submit. • Form-32: • For a new company, this form is for notice for appointment of new Directors, Managers and Secretary. • For an existing company, this form is for a change of directors, Manger, Secretary or company head.

9. Check these documents before submission of a company: • DIN of all those directors of a proposed company. • DSC – Digital Signature Certificate • Original copy the of formal letter issued by ROC regarding availability of Company name. • Form-1 for incorporation of a company. • Form-18 for situation or address of the proposed company. • Form-32 for particulars of proposed directors, managers and secretary.

10. Formalities to be followed while incorporation of a company: • Obtain a TAN card • Obtain a Permanent account number (PAN) from income tax dept. India • If required: Documents obeying shop and establishment acts. • If required: For foreign trade, Registration documents of import export code from Director General of foreign trade. • If required: Registration documents of Software technologies Parks of India (STPI). • If required: RBI approval for foreign companies investing in India and FIPB approval. • Both Indian and foreign directors need to have valid Digital Signature Certificates from authorized agencies.

11. Company Registration in Chennai More than a decade, Kanakkupillai is the topmost company registration office in Chennai and we find the best company registration method without any legal issues. In Chennai, many successful companies were registered by Kanakkupillai’s registration office.

12. Contact Us: For Registering A New Company/ Startup or any other related query Call 7305345345. CHENNAI OFFICE No 13/22 2nd floor,Yatra, TNGO Colony, West Karikalan street, Adambakkam, Chennai – 88 Phone: 7305 345 345 Email: support@kanakkupillai.com Web: www.Kanakkupillai.com

13. Thank you